Bloomberg China’s restrained approach to easing spooked financial markets on Tuesday, with stocks and the yuan dropping the most in weeks. The Shanghai Composite Index retreated 1.7 percent, its biggest decline in more than two months, to close below the psychologically important 3,000 level. The onshore yuan fell 0.37 percent, the most in three weeks, to 7.0950 a dollar as …

Bloomberg The Hong Kong dollar became the ninth most traded currency in the world earlier this year, ranking just below the yuan, according to the Bank for International Settlements (BIS). The city’s currency accounted for 3.5 percent of global average daily turnover in April, compared with 1.7 percent during the same month in 2016, the latest triennial survey by BIS …

Bloomberg China will need to spend $2.9 trillion on new aircraft and ground services over the next two decades, according to Boeing Co, which continues to pin hopes on the world’s second-largest economy as its trade dispute with the US rolls on. The estimate, released in Boeing’s annual outlook on China’s commercial aviation market, is 7 percent higher than last …